USDCHF - Daily (Long Opportunity)
The federal reserve chairman Jannet Yellen stated on many occasions, as long as wages increase, she'll have the confidence to raise interest rates because she'll know that wages are above inflation and US consumers can handle higher rates on interest on their debts. US NFP was negative but the average earnings was positive, there's gonna be a big uptrend in the dollar now moving forward as wages have gone up. So get long on US Dollar!
Disclaimer: Any opinions, news, research, analyses, prices or other information contained on this website is provided as general market commentary and does not constitute investment advice. TradingEmpire will not accept liability for any loss or damage including, without limitation, to any loss of profit which may appear directly or indirectly from use on such information.
The federal reserve chairman Jannet Yellen stated on many occasions, as long as wages increase, she'll have the confidence to raise interest rates because she'll know that wages are above inflation and US consumers can handle higher rates on interest on their debts. US NFP was negative but the average earnings was positive, there's gonna be a big uptrend in the dollar now moving forward as wages have gone up. So get long on US Dollar!
Disclaimer: Any opinions, news, research, analyses, prices or other information contained on this website is provided as general market commentary and does not constitute investment advice. TradingEmpire will not accept liability for any loss or damage including, without limitation, to any loss of profit which may appear directly or indirectly from use on such information.